$AUCTION /USDT – REJECTED AT $10.31, SHORT SETUP EMERGING
$AUCTION /USDT is trading at $9.49 after a sharp -7.77% drop from its 24h high of $10.31. The 1H chart shows a failed recovery above $9.70, with price now forming a lower high and bearish pressure building near $9.50 support.
Short Trade Setup:
• Entry: 9.49 – 9.65
• Take Profit 1: 9.10
• Take Profit 2: 8.70
• Stop Loss: 9.85
Unless bulls reclaim $10.00+ with strong volume, this setup favors further downside. Intraday momentum leans bearish.
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